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Tuesday, November 27, 2018 11:26:43 AM
So now I'm down $31k and was down $47k earlier today. I'm pissed, but I am in it for the long game, and the vast majority of my LIHT stock is held in a Roth and a Traditional IRA. I don't have to touch it for a long time. As I've said before, I'm basically a swing trader, but I do that in a completely separate account where I'm very active.
Since I'm not in a rush, you might think I shouldn't even be pissed if I truly believe in LIHT. Sure, I believe in LIHT. But it's a lot harder to go from .14 to .98 than it is to go from .33 to .98. And much of the shit that has happened to LIHT has been self-inflicted, and that pisses me off more than the push/pull of the marketplace.
We'll see if new leadership was involved or not. If they were, I will have to take my losses at some point, because I can't put my trust in con men. But I sense...perhaps naively, that this crap happened with some of the people that are now gone. We'll see.
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